Chevron has taken a 22% stake in Galveston Bay Biodiesel LP (GBB). The Houston-based company is constructing a biodiesel production and distribution facility in Galveston, Texas, scheduled for completion by the end of 2006.

GBB will have initial production of 20 million gallons per year, and the facility has the capability to expand operations to produce 100 million gallons of fuel per year. Total US biodiesel production in 2005 was 75 million gallons.

Two different products, but big oil will try to corner the production market as well as the distribution of both ethanol and bio-diesel. They will have a formidable time with the huge agri-business concerns which see themselves as key players in the near future re: fuel production and delivery systems.

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